Brazil: No Trade Impact to Iran Shipping Impasse

July 24, 2019

Brazil's foreign trade secretary Lucas Ferraz said there are no signs that the impasse involving Iranian ships without fuel near Brazilian ports will affect bilateral trade relations.

So far, Ferraz said, there has been no impact on Brazilian exports to Iran. The ships, scheduled to bring grains back to Iran, lack fuel for the journey because state-run oil company Petroleo Brasileiro SA refused to sell them bunker fuel due to U.S. sanctions on Iran.

Reporting by Rodrigo Viga Gaier

Logistics News

Soybeans Futures Rise on US Yield Doubts While Wheat Steadies

Soybeans Futures Rise on US Yield Doubts While Wheat Steadies

Russian Ice-class LNG Carrier heads out via Northern Sea Route

Russian Ice-class LNG Carrier heads out via Northern Sea Route

NIMO, Belfast Harbour Join Port Innovators Network

NIMO, Belfast Harbour Join Port Innovators Network

MacGregor Inks Hatch Cover Deal

MacGregor Inks Hatch Cover Deal

Subscribe for Maritime Logistics Professional E‑News

Oil spillage off Oman is threatening to cause a disaster as two slicks are seen in the Gulf
The resumption of Colombian coffee production could take several weeks. Processing is also affected.
Mexico races to remove record seaweed growth from Caribbean beaches